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Stocks Rise as Economic Data Bolster Fed-Cut Bets: Markets Wrap

Stocks Rise as Economic Data Bolster Fed-Cut Bets: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Stocks rose and bond yields fell, with the latest economic readings reinforcing speculation the Federal Reserve will be able to ...

S&P 500 Tops 5,600 Mark in Longest Rally This Year: Markets Wrap

S&P 500 Tops 5,600 Mark in Longest Rally This Year: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — A rally in the world’s largest technology companies sent stocks to all-time highs, with Jerome Powell’s remarks to Congress not ...

Euro Gains on French Vote, China Eyed After PMI: Markets Wrap

Euro Gains on French Vote, China Eyed After PMI: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — The euro strengthened on signs Marine Le Pen’s far-right party is unable to govern outright following the first round of ...

Indexes rise as traders cheer cooler PCE inflation

Indexes rise as traders cheer cooler PCE inflation

Business
Jessica Roberts

Xinhua/Wang Ying/ Getty Images US stocks rose Friday as traders took in new inflation data from the Fed’s preferred price gauge. PCE ...

S&P 500 Rally Hits a Wall at End of Banner Quarter: Markets Wrap

S&P 500 Rally Hits a Wall at End of Banner Quarter: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Wall Street’s enthusiasm faded in the final stretch of a solid quarter for stocks that saw the market hitting multiple ...

US Futures Fall as Fed Official Cools Rate Hopes: Markets Wrap

US Futures Fall as Fed Official Cools Rate Hopes: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Wall Street’s tech-driven rally — fueled by Nvidia Corp.’s rebound from a $430 billion rout — seemed set to run ...

Anxiety Over France Deepens European Stock Rout: Markets Wrap

Anxiety Over France Deepens European Stock Rout: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European stocks headed for their worst week since October on growing concerns about political turmoil in France. US equity futures ...

US stocks close at record highs after encouraging May inflation and Fed commentary

US stocks close at record highs after encouraging May inflation and Fed commentary

Business
Jessica Roberts

US Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images US stocks rose to fresh records Wednesday as traders took in cool inflation ...

Stocks rise and yields fall as fresh data points to cooling job market

Stocks rise and yields fall as fresh data points to cooling job market

Business
Jessica Roberts

Getty Images US stocks ended higher while the 10-year Treasury dropped on Tuesday. Tuesday JOLTS report showed job openings reach the lowest ...

US indexes edge higher as cooling inflation data props up Fed rate-cut bets

US indexes edge higher as cooling inflation data props up Fed rate-cut bets

Business
Jessica Roberts

Traders work on the floor of the New York Stock Exchange.Spencer Platt/Getty Images Stocks staged a mild rebound after the core personal ...